SentimentEdge report
Volatility panic subsides, even with most stocks in downtrends
Traders panicked in March, sending expectations of near-term volatility to extremely high levels versus longer-term expectations. That has eased and the spread between VIX futures contracts is nearing a 50-day low. But most stocks remain in downtrends, with fewer than a third of S&P 500 stocks above their 200-day moving averages.
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